Heritage Distilling moves into black in 2024
Heritage Distilling Company achieved profitability for the first time in 2024, the US spirits producer has announced. The company generated…
All articles by Vishnu Priya N
Vishnu Priya N
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Allied Blenders and Distillers enters brandy segment
Indian spirits company Allied Blenders and Distillers (ABD) has expanded into the country's brandy market. In a stock exchange filing,…
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Bronco Wine announces second wave of job cuts amid restructuring
Bronco Wine Co., the US family-owned business behind the Charles Shaw brand, has announced job cuts across its operations for…
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Interest in health boosts US demand for organic drinks
Sales of organic drinks in the US rose more than 5% last year, supported by demand for healthier and sustainable…
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Henkell Freixenet to cut jobs in Spain
Henkell Freixenet plans to cut up to 180 jobs in Spain as the wine-and-spirits group tries to address the impact…
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US announces plans to phase-out petroleum-based food dyes
The US Food and Drug Administration has unveiled measures to phase out the use of petroleum-based food dyes by the…
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Davis Polk & Wardwell, Kirkland & Ellis lead law-firm M&A charts – data
Davis Polk & Wardwell and Kirkland & Ellis were the top M&A legal advisers in the consumer sector in the…
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India’s Rio Innobev secures pre-Series A funding
Rio Innobev has secured Rs100m ($1.2m) in a pre-Series A funding round as the Indian drinks group aims to triple…
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Maison Dourthe names Pénélope Godefroy as new CEO
Maison Dourthe has appointed Château d'Yquem executive Pénélope Godefroy as its new CEO. Godefroy has been CSR strategy officer at…
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Duckhorn hires WX Brands exec as chief growth officer
US wine group The Duckhorn Portfolio has named WX Brands executive Jeff Ngo as its new chief growth officer. Ngo,…